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The report assesses a financial intermediary, Nithio, that employs a Risk Analytics Engine to provide loans to solar distributors in Sub-Saharan Africa. By using AI, demographic, and geospatial data to forecast customer repayment risk, the instrument aims to move beyond the top 10 regional developers and reach smaller, local distributors and last-mile customers. The instrument has raised USD 23 million and targets a deployment of USD 500 million by 2029, with projected environmental impacts including the abatement of 93,000 metric tons of CO2e per year by 2025.

The Guarantee Fund for Biogas (GFB) is designed as the first environmental guarantee fund in Brazil to unlock public and private credit for independent biogas developers who lack the collateral required by lenders. Structured as a CVM-compliant fixed-income fund investing in Brazilian treasury bills, the GFB will provide short-term collateral to enable loans during the construction phase of projects. A pilot phase targeting five Brazilian states aims to leverage USD 53 million in capital to enable USD 67 million in loans in the first year, with a 10-year goal of enabling USD 271 million in credit. The fund utilizes a blended finance structure with a 50% first-loss tranche for concessional investors to mitigate credit risk and lower fees for developers. If scaled and replicated to address 10% of Brazil's biogas potential, the instrument could enable USD 6.1 billion in loans and mitigate 7.8 million tons of CO2e annually.

The P-REC Aggregation Fund monetizes Peace Renewable Energy Credits (P-RECs)—a high-quality type of International Renewable Energy Certificate (I-REC) with peacebuilding co-benefits—to provide upfront capital to renewable energy developers in fragile states. By aggregating these certificates and selling them to impact-seeking corporations (such as RE100 members), the Fund aims to provide developers with approximately 10% of construction costs, thereby unlocking further infrastructure finance. The report models a 13-year proof-of-concept phase with a USD 10.25 million fund size, projecting the generation of 812,116 P-RECs and the avoidance of approximately 658,000 tCO2e of emissions.

The Smallholder Resilience Fund (SRF) is a proposed blended finance mechanism and venture studio aimed at bridging the $65 billion financing gap for agricultural SMEs in Sub-Saharan Africa. By employing a 'synchronized investment' strategy—providing equity, debt, and working capital across entire value chains—the SRF seeks to de-risk investments and enable smallholders to diversify into climate-smart, high-value crops. The initiative, proposed by One Acre Fund, will pilot in Rwanda's avocado value chain with a $4.2 million grant requirement to catalyze an estimated $50-100 million in total capital over ten years, aiming to increase the annual income of over 100,000 farmers by approximately 15%.

The document argues that Indonesia must shift from carbon-intensive 'grey' infrastructure to sustainable solutions to meet its low-carbon development goals and recover from the COVID-19 pandemic. It identifies key barriers to this transition, including a lack of bankable project pipelines, inadequate valuation methods that ignore ESG risks, and a mismatch between infrastructure and budget planning. The author recommends adopting integrated planning, utilizing the Sustainable Asset Valuation (SAVi) methodology to quantify externalities, and establishing project preparation facilities to attract private investment. The brief also highlights international examples from Malaysia, the Netherlands, Saint Lucia, and South Africa to illustrate successful sustainable infrastructure strategies.

The report analyzes the impact of three US federal tax subsidies—the expensing of intangible drilling costs (IDC), percentage depletion, and accelerated amortization of geological and geophysical (G&G) expenses—on the profitability of oil and gas projects from 1998 to 2019. Using a financial model of 2,450 fields, the authors find that these subsidies increased the expected net present value of projects by billions of dollars annually, often exceeding $20 billion in high-price years. The benefits were heavily concentrated in unconventional shale developments in regions such as the Permian Basin and Appalachia, and disproportionately benefited independent firms over integrated ones. While subsidies provided 'super normal' profits during high-price periods (2007-2014) without significantly altering drilling decisions, they were critical for the viability of marginal projects during price drops, such as in 2016 for oil and 2010-2012 for gas in Appalachia.

The report assesses the economic and environmental viability of an agroforestry project in Welkenraedt, Belgium, using the SAVi methodology and Copernicus Climate Data Store (CDS) data. The analysis finds that the project, involving approximately 100,000 m2 of hedges and trees, generates net benefits of EUR 3.9 million over 20 years against an investment cost of EUR 607,629. Key benefits include increased agricultural yields via windbreak effects, reduced heat stress for livestock, and enhanced ecosystem services such as carbon sequestration and nutrient removal. Climate projections under RCP 4.5 and RCP 8.5 suggest that increasing temperatures and precipitation will make the project more economically attractive by increasing the value of avoided flood damage and water treatment costs.

The report assesses a simulated agroforestry project in Welkenraedt, Belgium, covering approximately 100,000 m2 of hedges and trees. Using the SAVi tool and C3S climate data, the analysis demonstrates that the project is financially viable when environmental and social externalities are included. Key findings include estimated net benefits of 3.9 million euros over 20 years against an investment of 607,629 euros. The study highlights how agroforestry mitigates climate risks, such as reducing heat stress for livestock and preventing soil erosion and nutrient runoff, with benefits expected to increase under RCP 4.5 and RCP 8.5 climate scenarios.

The document argues that Brazilian municipalities, particularly small and medium-sized ones, face significant credit and technical barriers to financing infrastructure. It proposes the use of Pooled Financial Management Mechanisms (MFGCs) to aggregate demand and reduce risk, drawing on international examples from France, the Nordic countries, Mexico, India, and the Philippines. The brief identifies regulatory hurdles in Brazil, such as the Fiscal Responsibility Law, and recommends updating the legal framework to allow subnational consortia more autonomy in raising funds and improving governance to attract green and sustainable capital.

The document argues that Brazilian municipalities, particularly small and medium-sized ones, face significant financial and regulatory barriers to infrastructure investment. It suggests that subnational consortia can overcome these hurdles by adopting Pooled Finance Mechanisms (PFMs)—such as club deals, aggregation platforms, and bond banks—to access capital markets and attract green investment. The brief identifies a USD 1.3 trillion green investment opportunity in Brazil and recommends updating Law 11,107/2005 and the Law of Fiscal Responsibility to facilitate autonomous fundraising and improve governance for public consortia.

The policy brief proposes a shift from project-based infrastructure to a business-based model to achieve universal infrastructure coverage, particularly in developing countries. It highlights how technological disruptions in energy, transport, and water are reducing capital costs and enabling distributed infrastructure. The authors advocate for listing these infrastructure businesses on local stock exchanges to attract institutional investors and suggest implementing stewardship principles—such as master plans and impact management—to align business operations with community needs and sustainability goals.

The report argues that diversifying oil palm plantations with crops like maize and cocoa can significantly increase smallholder incomes in Berau, East Kalimantan, compared to monocropping. It identifies that oil palm alone often fails to meet minimum living costs and exposes farmers to price volatility. The study recommends a strategy of diversification starting when oil palm reaches peak productivity (around year 10) to ensure positive cash flow and bankability. Key financial instruments proposed to support this transition include Kredit Usaha Rakyat (KUR), credit guarantee schemes, and maize crop insurance. The report emphasizes that diversification must occur on existing allocated land to avoid deforestation.

The research develops a model to calculate the investment needs for nine Swedish cities to reach climate neutrality by 2030. Using five 'strategy mixes' and three emission forecasts, the study assesses the financial feasibility of these transitions. Preliminary results indicate that while targets are achievable and financially viable, they require significant shifts in food consumption and substantial investments from private citizens, governments, and industry. For example, in Malmö, total mitigation reductions could range from 17% to 51%, with annual per capita investments between 19,790 and 23,765 SEK.

The Sub-national Climate Finance Initiative (SnCF) is designed as a blended finance private equity fund paired with a grant-funded Technical Assistance Facility (TAF) to support mid-sized sustainable infrastructure in developing countries. The Fund targets a total raise of USD 750 million, consisting of a USD 150 million concessional tranche and USD 600 million in commercial capital, aiming to invest in sustainable energy, waste and sanitation, and nature-based solutions. The TAF, targeting USD 28 million, focuses on project preparation, impact certification via Gold Standard, and local government capacity building. The initiative aims to mobilize up to USD 3.8 billion in total finance, with a target of 35-50 projects across up to 20 countries. Key target markets identified include Chile, South Africa, North Macedonia, Mexico, and Jordan. The Fund projects a net IRR of 9.4% for commercial investors and 5.4% for the concessional tranche, with a goal to avoid 77 million tonnes of CO2 equivalent over the infrastructure lifetime.

The report examines the potential of rubberwood sales to mitigate the financial burden on Indonesian rubber smallholders during the replanting of over-aged, low-yield trees. While selling rubberwood provides some initial capital, the study finds it is insufficient on its own to cover the significant cash shortfalls associated with the five-year immaturity period of new trees. The analysis concludes that a viable financing model must combine rubberwood sales with an agroforestry approach—using intercrops to generate income—and training in good agricultural practices (GAP) to ensure long-term profitability and repayment capacity for smallholders. The report also highlights systemic barriers to finance, including a lack of land titles for collateral and high operational costs for financial service providers (FSPs).

The report argues that coal is no longer the cheapest power source and that a significant portion of the global coal fleet is now uncompetitive compared to new renewables with storage. It proposes a three-part approach—refinancing, reinvesting in clean energy, and providing transition financing—to overcome the barrier of legacy contracts and noncompetitive tariffs. The authors suggest that by 2025, 78% of the global coal fleet will be uncompetitive, creating an opportunity for net financial savings of over $107 billion. The report details specific financial instruments, such as ratepayer-backed securitization and carbon bonuses, and provides regional analyses for the US, EU, China, and India.

The report analyzes the financial feasibility of decentralized renewable energy (DRE) in Indonesia, specifically in underserved regions like Sumba Island. It identifies four primary barriers to private investment: regulatory constraints regarding business area permits, the unattractiveness of small-scale projects due to low returns and off-taker uncertainty, limited access to innovative financing from local banks, and a lack of risk-mitigation instruments. To address these, the authors propose four business models: joint ventures with Village-Owned Enterprises (VOEs), Public-Private Partnerships (PPP) using availability payments, joint ventures with Locally Owned Enterprises (LOEs), and a Special Allocation Fund mechanism with joint operations. Additionally, the report suggests financial instruments such as risk pooling, asset-backed securities, and guarantee instruments to improve the risk-return profile for investors.

The Institute for Economic Justice argues that the South African government's R41 billion rescue package is insufficient to counter a projected GDP fall of 6% to 8%. The brief proposes a total intervention of R411.5 billion, comprising R310 billion for direct economic injection and R100 billion for tax and payment deferrals. Key recommendations include a once-off Universal Basic Income (UBI) of R4,500 for all adults, expanded social grants, and a scaled-up wage support scheme (TERS) to prevent mass unemployment. To stabilize the macroeconomy, the brief suggests the South African Reserve Bank (SARB) continue purchasing bonds, implement capital flow management, and secure dollar swap lines with the US Federal Reserve. Financing options include special COVID-19 bonds, solidarity taxes on high earners, and the deployment of UIF surpluses. The document also advocates for South Africa to lead a G20 coalition to secure better financing terms and debt relief for emerging markets and least developed countries.

XacBank LLC is seeking USD 914,425 from the Green Climate Fund to prepare a comprehensive funding proposal for a mini-grid system in Ulaanbaatar's ger areas. The project aims to address air pollution and utility inadequacies caused by coal-based heating and lack of sanitation. The requested PPF funding will support technical feasibility studies, financial and legal structuring, environmental and social impact assessments, and market analysis over a 14-month period.

The report finds that USD 6.4 billion in total financing is required by 2030 to close the energy access gap in Madagascar, the Philippines, and Uganda. This includes USD 1.8 billion specifically for affordability gap financing. The analysis highlights a heavy reliance on stand-alone solar to reach the 'last mile' in Madagascar and Uganda, while the Philippines leverages a more advanced mini-grid sector. Across all three countries, the transition to clean cooking remains a significant challenge due to low adoption of industrial improved cookstoves (ICS) and high upfront costs for clean fuels like LPG.